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GUSEC

investment firm

About

Empowering, nurturing and supporting startups, entrepreneurs and innovators

Details

Last Funding Type
Grant
Last Funding Money Raised
₹100M
Industries
Blockchain,Hardware,Incubators,Information Technology
Founded date
Feb 26, 2016
Operating Status
Active
Legal Name
Gujarat University Startup and Entrepreneurship Council
Investor Type
Co-Working Space,Entrepreneur Program,University Program

Gujarat University Startup and Entrepreneurship Council (GUSEC) is a non-profit, autonomous and independent company promoted by Gujarat University to support student startups, student entrepreneurship, and student innovation. GUSEC offers direct support to startups, entrepreneurs and innovators in form of physical infrastructure i.e. working space, labs, etc.; mentorship, guidance, capital and investment facilitation, government funding and innovation transfer. GUSEC is the only zero-cost, zero-day startup support system in Gujarat (and perhaps India) where an innovator/entrepreneur could walk in with an idea on day zero and get no-cost, equity-free support.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
₹100M
GUSEC has raised a total of ₹100M in funding over 2 rounds. Their latest funding was raised on Oct 2, 2020 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 2, 2020 Grant ₹100M 1 National Science & Technology Entrepreneurship Development Board Detail

Funds Raised

Announced Date Fund Name Money Raised
Sep 12, 2018 Technology Business Incubator by Government of India ₹139.50M
Nov 15, 2017 SSIP by Government of Gujarat ₹50M
Feb 2, 2016 Gujarat University Seed Fund ₹9M
Atal Incubation Centre by NITI Aayog ₹90M

Investors

Number of Lead Investors
Number of Investors
1
1
GUSEC is funded by 1 investors. National Science & Technology Entrepreneurship Development Board are the most recent investors.
Investor Name Lead Investor Funding Round
National Science & Technology Entrepreneurship Development Board Yes Grant

Employee Profiles

Number of Employee Profiles
1
GUSEC has 1 current employee profiles, including Executive Rahul Bhagchandani
Executive